Alexandria Real Estate (NYSE: ARE) Co-COO reports restricted stock forfeiture

Rhea-AI Filing Summary

Alexandria Real Estate Equities, Inc. insider activity: Co-Chief Operating Officer Joseph Hakman reported two transactions in common stock dated 01/23/2026. He forfeited 1,759 shares of restricted stock previously awarded, with the transaction coded as a disposition at a stated price of $0 per share.

On the same date, 214 shares were withheld by the company at $59.69 per share to cover a tax obligation triggered by vesting of restricted stock. After these routine equity award–related adjustments, Hakman directly beneficially owned 68,875 shares of Alexandria Real Estate Equities common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hakman Joseph

Role Co-Chief Operating Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock	1,759	$0.00	--
Tax Withholding	Common Stock	214	$59.69	$13K

Holdings After Transaction: Common Stock — 69,089 shares (Direct)

Footnotes (1)

1. Represents the forfeiture of a portion of a restricted stock award previously reported. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hakman Joseph

(Last) (First) (Middle)

C/O ALEXANDRIA REAL ESTATE EQUITIES, INC

26 NORTH EUCLID AVENUE

(Street)

PASADENA CA 91101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALEXANDRIA REAL ESTATE EQUITIES, INC. [ ARE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/23/2026		D		1,759(1)	D	$0	69,089	D
Common Stock	01/23/2026		F		214(2)	D	$59.69	68,875	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the forfeiture of a portion of a restricted stock award previously reported.

2. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.

Remarks:

	/s/ Bill Boyle, Attorney-in-Fact	01/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did ARE Co-Chief Operating Officer Joseph Hakman report?

Joseph Hakman reported two transactions in ARE common stock on 01/23/2026. He forfeited 1,759 restricted shares and had 214 shares withheld by the company to satisfy tax obligations arising from restricted stock vesting.

How many Alexandria Real Estate Equities (ARE) shares does Joseph Hakman own after these trades?

After the reported Form 4 transactions, Co-Chief Operating Officer Joseph Hakman directly beneficially owned 68,875 shares of Alexandria Real Estate Equities common stock, reflecting the impact of both the restricted stock forfeiture and the tax withholding share reduction.

Why were some of Joseph Hakman’s ARE shares withheld by the company?

The 214 ARE shares were withheld by the issuer to satisfy a tax obligation realized by Joseph Hakman upon the vesting of restricted stock, a common practice where companies use shares instead of cash to cover employees’ tax liabilities.

What does the forfeiture of 1,759 ARE restricted shares by Joseph Hakman represent?

The 1,759-share disposition represents the forfeiture of a portion of a previously reported restricted stock award. Such forfeitures typically occur under the equity award’s terms, for example when certain vesting, service, or performance conditions are not fully met.

Were Joseph Hakman’s ARE transactions open-market sales for cash?

No, the Form 4 shows no open-market sale for cash. One transaction reflects forfeited restricted shares at a stated price of $0, and the other reflects shares withheld by the issuer to cover taxes upon restricted stock vesting.